Peabody director acquires 51 dividend shares

BTU director Stephen E. Gorman received additional shares via dividend equivalents tied to prior equity awards, modestly increasing his direct holdings.

Rhea-AI Filing Summary

PEABODY ENERGY CORP (BTU) director Stephen E. Gorman reported an acquisition of 51 shares of common stock on September 3, 2026. The filing states these shares represent exempt dividend equivalents on prior deferred stock unit and restricted stock unit awards. Following this award, he directly holds 57,720 shares of BTU common stock.

Insider Trade Summary

Grant/Award: 51 shares

Grant/Award 1 txn

Insider GORMAN STEPHEN E

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock F1	51	$27.64	$1K

Holdings After Transaction: Common Stock — 57,720 shares (Direct)

Footnotes (1)

1. F1. The shares of Common Stock represent exempt dividend equivalents on prior deferred stock unit awards and restricted stock unit awards.

Key Figures

Shares acquired: 51 shares Filed price per share: $27.64 per share Holdings after transaction: 57,720 shares +1 more

4 metrics

Shares acquired 51 shares Common stock acquired as exempt dividend equivalents on September 3, 2026

Filed price per share $27.64 per share Value attributed to the 51-share dividend-equivalent award

Holdings after transaction 57,720 shares Direct ownership of BTU common stock by Stephen E. Gorman after the award

Transactions reported 1 acquisition One non-derivative grant/award acquisition reported on this Form 4

Key Terms

dividend equivalents, deferred stock unit awards, restricted stock unit awards

3 terms

dividend equivalents financial

"The shares of Common Stock represent exempt dividend equivalents on prior deferred stock unit awards"

Payments tied to employee or contractor equity awards that mirror the cash dividends paid on the company’s stock; they give the holder the same economic benefit as owning the shares without transferring actual shares—often paid in cash or additional award units when the award becomes payable. Investors care because these payments affect a company’s compensation costs, cash flow and potential share dilution, and they signal how management is being rewarded and aligned with shareholders.

deferred stock unit awards financial

"exempt dividend equivalents on prior deferred stock unit awards and restricted stock unit awards"

restricted stock unit awards financial

"exempt dividend equivalents on prior deferred stock unit awards and restricted stock unit awards"

Restricted stock unit awards are company promises to deliver a specific number of shares to employees or service providers in the future once conditions—such as staying with the company for a set time or meeting performance targets—are met. They matter to investors because when the promises convert into actual shares they increase the total share count and can reduce earnings per share, while also aligning recipients’ interests with stock performance much like deferred pay that turns into ownership if goals are met.

FAQ

What transaction did BTU director Stephen E. Gorman report on this Form 4?

He reported acquiring 51 shares of Peabody Energy (BTU) common stock on September 3, 2026. The shares are described as exempt dividend equivalents tied to earlier deferred stock unit and restricted stock unit awards, rather than an open-market purchase.

At what price were the 51 BTU shares attributed in the Form 4?

The 51 shares were reported at $27.64 per share. The filing notes they represent dividend equivalents on prior deferred stock unit and restricted stock unit awards, so the price reflects the filed value, not a cash market purchase.

How many BTU shares does Stephen E. Gorman hold after this reported transaction?

After this transaction, Stephen E. Gorman is reported to directly hold 57,720 shares of Peabody Energy common stock. This total includes the 51 shares acquired as exempt dividend equivalents on September 3, 2026.

Was Stephen E. Gorman’s BTU transaction made under a Rule 10b5-1 trading plan?

The Form 4 indicates the Rule 10b5-1 trading plan box is not checked. The reported acquisition of 51 shares as dividend equivalents on prior equity awards is therefore not affirmed as having been made under a Rule 10b5-1 plan.

What is the nature of the BTU shares acquired by Stephen E. Gorman?

The filing states the 51 BTU shares represent exempt dividend equivalents on prior deferred stock unit awards and restricted stock unit awards. This links the new shares to existing equity-based compensation rather than to a new purchase in the market.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 09/08/2026 - 04:13 PM Accepted by SEC EDGAR 09/08/2026 - 04:13 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

GORMAN STEPHEN E

(Last) (First) (Middle)

C/O PEABODY ENERGY CORPORATION

1245 J.J. KELLEY MEMORIAL DRIVE, STE 700

(Street)

ST. LOUIS MISSOURI 63131

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
PEABODY ENERGY CORP [ BTU ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/03/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	09/03/2026		A		51(1)	A	$27.64	57,720	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The shares of Common Stock represent exempt dividend equivalents on prior deferred stock unit awards and restricted stock unit awards.

Remarks:

	/s/ Caitlin Reardon-Ashley, Attorney-in-fact	09/08/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)